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The report ranked the 100 largestr U.S. metro areas based on unemployment rates, wages, gross metropolitan housing prices and foreclosure rates in thefirsft quarter. D.C. ranked No. 13, whilre San Antonio, Texas, placed No. 1 and Detroigt came in last at No. 100. “All metropolitamn areas are feeling the effectsa ofthis recession, but the distressw is not shared equally,” said Alan research director of the metropolitan policgy program at the D.C. institute and co-authodr of the report.
“While some areas of the countr have experienced only ashallow downturn, and may be emerginh from the recession people living in metrio areas that are now performing weakestg economically should prepare themselves for a long recovery At the first quarter’s end, only 10 of the 100 metro arease were starting to show signs of said the report, and said McAllen, Texas was the only places that saw growth in employment and Output increased in just a handful of metrk areas, including D.C.; Seattle; Austin, Texas; and Virginiaw Beach, Va.. The report also pointed out that metro areasw with concentrations of jobs in certain sectore have resulted in fewer dramaticdjob losses.
The Rankings: San Antonio, Texase Austin, Texas McAllen, Texas Baton Rouge, La. Tulsa, Omaha, Neb. El Paso, Texas Wichita, Kan. D.C. Albuquerque, N.M. Virginia Beach, Va. Harrisburg, Pa. Pa. New Haven, Conn. Rochester, N.Y.
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